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is a ceo’s salary ( 40 times the average worker’s salary ) still justified ?
an average ceo makes 40 times the average worker plus the stocks , grants and options
with the layoffs happening everywhere ( due to a lack of vision of these ceos ) , are the high salaries still justified ?
facebook / meta : 11,000 jobs cut
microsoft : 10,000 laid off
google : 12,000 laid off
amazon : 18,000 fired
spotify : 6 % of the work force
twitter : 50 % of the work force
salesforce , goldman sachs and others too cut jobs
the vision of the company is set by the top brass – so are the high salaries for them still justified ?
google’s employees are now questioning the high salary of it’s ceo – 200 million us dollars per year – and why he is not being fired by the board ?
how to find a good ceo
one who is not insecure
encourages and has good ideas
does not play politics
comes up on merit
they build a good leadership team that takes care of it’s people
employees quit their bosses , not the company – so teach bosses people management skills
eg steve jobs of apple